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2019 Marketing Budget Planning: Questions to Help You Get Started

It’s That Time: 2019 Marketing Budget Planning

Developing your 2019 marketing budget is nobody’s favorite time of year. But it’s inevitable. Like clockwork each year, it’s here. As an agency immersed in helping businesses deliver the results they need to thrive, we understand first-hand that marketing budget planning can be overwhelming and taxing. Knowing what to include to deliver the results needed seems nearly impossible for many VPs of Marketing looking to drive growth, build brand, drive lead gen, and fuel revenue.

We know CFOs can be tough audiences. In fact, many VPs of Marketing that we know or work with express trepidation about the need to clearly articulate and validate a budget for the next year. It’s a daunting challenge. And even those who have significant growth and ROI to show from this year’s marketing spend still dread it.

As you develop your 2019 marketing budget, we’ve outlined a few questions to consider.

Positioning and Messaging

Confident that your positioning and messaging is tight, but still unable to deliver the growth you’re on the hook for? Have you considered building a brand campaign to drive awareness, spark engagement, and ultimately, foster loyalty? A brand campaign can grow your brand and business in meaningful and impactful ways by bringing your positioning and messaging to life. Learn more about why and how.

Differentiated Messaging

Struggling to articulate differentiated messaging that can support a complex technology that is difficult to understand? Disruptive technologies require a different approach to messaging and positioning. And in order to be truly disruptive, you need to change the perception of what is possible. Consider how you might approach messaging differently.

Aligning Leadership Team

Having trouble moving forward on any decision because your Leadership Team is misaligned and you can’t get everyone to agree on the right strategy? Sometimes, it takes a deep dive and full immersion into your most pressing business and brand challenges to get everyone focused on the right priorities. Learn more about our Fast Forward workshop.

Positioning and Category Creation

Feel the need to reposition? Or, are you considering a new category to help you stand out and enable a stronger valuable to raise your next round? We believe a strong positioning strategy can help your business thrive, your brand become more meaningful, your team hire and retain top talent, and your business realize their full purpose and vision. Here’s why to consider adding a Positioning Strategy to next year’s marketing budget.

Customer Journey Mapping

Having trouble delivering on the experience you promise your customers? Think your company could benefit from research-based customer journey mapping to better understand the people who matter to your business? Customer journey mapping is proven to help businesses market better, sell easier, build better products, and deliver a better brand experience. Here’s how to do it right.

Strategic Marketing Budget

At the end of the day, every business has unique challenges and struggles. That’s why our approach is always tailored to our clients. Discussing specific challenges with someone outside the walls of your business can help ignite new thinking around how to address projects and problems you want to tackle next year.

If you would like to understand how we can augment your internal team or discuss specific projects you have coming up in 2018 so you can get a better idea of our approach, timing, and fees, please give us a call.  Now is the right time for you to evaluate the options and costs associated with working with an agency so you have what you need to develop your marketing budget for 2018.

Emotive Brand is a B2B San Francisco brand strategy and design agency.

To Every Marketing VP: How to Talk About Brand so Your CEO Will Listen

The Role of VP of Marketing – It’s Not Easy

Is VP of Marketing one of the hardest corporate jobs? We think so. As a Marketing VP, you have a set of responsibilities that varies dramatically day-to-day – and company to company. You touch every area of an organization and engage with almost every member of the leadership team to solve your business’s most pertinent problems. People look to you to drive demand gen campaigns, build awareness for products and the overall brand, support sales teams, support the company’s HR, and fuel recruitment efforts. And, of course, no technology marketing job is complete if you aren’t working to get included – and/or maintain your place – in Gartner’s Magic Quadrant.

Even if you do all of these things well, though, nothing matters if you don’t have a strong brand strategy. Your brand strategy connects your work in marketing to the business strategy. It provides a backbone to everything you do. It explains what you do, why you matter, and what people should expect from you. If you don’t have a strong brand strategy, you risk confining yourself to the role of executor, not an essential member of the company’s leadership.

Whether you use an outside agency or bring together a team within your company, first off, you’ll need to convince the CEO to invest in the brand development process. We’ve found that this can be the most difficult step in developing your brand strategy because CEOs often don’t understand it! You mention “brand strategy” and you hear:
“We have a logo,” or, “I like our color scheme,” or “PR’s doing a great job getting us press.”

Maybe your CEO has had a bad experience with a branding project – and wants to avoid more of the same in the future. They respond to you with something like this:

“A brand strategy workshop? I don’t want to tell people my spirit animal!”

So How Do You Get Around CEO Misconceptions About Brand Strategy?

First, you need to explain that a brand strategy is just that, a strategy. It describes why and how you do what you do. It creates meaningful and emotional connections between the brand and both internal and external audiences. One of the most important elements of brand strategy is positioning. Positioning is about separating your company from your competitors, telling the market where you stand as a brand, and explaining the part of the market that you will own.

Then, depending on what you are trying to accomplish, here’s how you should talk about the business problems your brand strategy project solves:

  • Demand Gen: A strong brand will differentiate you from your competitors and convert leads
  • Go-to-market Strategy: When you’ve got a great brand story to tell – crisp and interesting – you can increase customer awareness. You develop pull for your brand and drive sales.
  • Recruiting and Retention: When you purposely build emotion into your brand, you create the potential for not just customers but also current and prospective employees to opt in.

Language Matters: Talk Business

For example, if the project you want to invest in will drive all marketing initiatives for the year, explain to the CEO that your “repositioning” project takes a new cut at the company’s go-to-market strategy, helps to differentiate the product, and increases productivity of the channel and grow sales.

If you want to do an employer brand project and must convince your company’s Head of People or HR, talk about “internal alignment”,“culture”, and“behavior”, and how your work will ultimately reduce turnover and recruiting costs. 

Though it sounds counterintuitive, when you take the word “brand” out of the conversation and focus on the business problem, you speak in a language that a non-marketing person can understand. You also introduce accountability – solutions to business problems have measurable and reliable results. When you use business terms to sell your brand project, you’ll have an easier time reaching your audience and, ultimately, be more successful.

Emotive Brand a San Francisco brand strategy and design agency.

You may also like this post about aligning business strategy and brand strategy for long term growth.